India Capital Gains Tax Calculator 2024

Easily estimate your short-term and long-term capital gains tax. Use this tool to calculate taxes on assets, including stocks, crypto, real estate, and more.

How to Calculate Capital Gains Tax in India

A comprehensive guide to calculating capital gains tax in india. Follow these steps to estimate your tax obligations accurately.

Step-by-Step Guide for India

In India, capital gains are taxed at a flat rate of 30%, regardless of the holding period or income level.

  1. Calculate Your Capital Gain or Loss:
    • Subtract the purchase price from the sale price of the assets.
    • If the sale price is higher, the result is a "capital gain".
    • If the sale price is lower, the result is a "capital loss".
  2. Apply the Flat 30% Tax Rate: Multiply your capital gain by 0.30 to calculate the tax owed.

Example Scenarios

Example 1: Capital Gains

Scenario: You bought assets for ₹50,000 and sold them for ₹80,000 within the same tax year.

  • Enter the purchase price as ₹50,000.
  • Enter the sale price as ₹80,000.
  • Set your total income for the year (if required by the calculator).

Example 2: Capital Loss

Scenario: You bought assets for ₹70,000 and sold them for ₹50,000, resulting in a loss.

  • Enter the purchase price as ₹70,000.
  • Enter the sale price as ₹50,000.
  • Since losses cannot be deducted from other income in India, no tax will be owed.

Frequently Asked Questions (FAQs)

Find answers to common questions about calculating capital gains tax in india.

How do I estimate CGT using this calculator?

Enter the purchase price, sale price, and your total annual income in the provided fields. Our tool will estimate your capital gain, apply the flat 30% tax rate, and display the estimated tax payable.

What is the rate for CGT in India?

In India, capital gains are taxed at a flat rate of 30%, regardless of the holding period or income level.

Can I calculate taxes on losses using TaxCap?

Yes, if your sale price is lower than your purchase price, the calculator will identify it as a capital loss. Note that losses are not deductible from income in India.